Distribution Solutions Group, Inc. (DSGR) Financial Statements
Industry: Machinery, Equipment & Supplies (Wholesale)
In fiscal 2025, Distribution Solutions reported revenue of $1.98B, up 9.8% from $1.80B the year before. Net income was $8.3M (a 0.4% net margin), or $0.18 per diluted share. Gross margin was 33.4% and operating margin was 4.0%. Operating activities generated $83.8M of cash, leaving $62.8M of free cash flow. At fiscal year end, Distribution Solutions held $1.75B in total assets against $1.10B in total liabilities, including $61.8M of cash and equivalents.
Open the full interactive Distribution Solutions financials → Quarterly statements, key ratios, valuation history and price charts.
Distribution Solutions Key Stats
| Share Price | $35.07 |
|---|---|
| Market Cap | $1.63B |
| P/E Ratio | 194.8 |
| Revenue YoY Growth | +9.8% |
| 52-Week Range | $19.31 – $35.07 |
| Shares Outstanding | 46.2 million (basic, 2026 Q2) |
Distribution Solutions Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $351.6M | $417.7M | $1.15B | $1.57B | $1.80B | $1.98B |
| Cost of Goods Sold | $165.1M | $198.5M | $760.5M | $1.02B | $1.19B | $1.32B |
| Gross Profit | $186.5M | $219.2M | $390.9M | $551.9M | $613.8M | $662.0M |
| Operating Income | $20.6M | $12.0M | $41.8M | $43.0M | $56.0M | $78.3M |
| Pre-Tax Income | $20.8M | $11.9M | $12.9M | -$2.0M | -$536,000 | $19.4M |
| Income Tax | $5.7M | $2.5M | $5.5M | $7.0M | $6.8M | $11.1M |
| Net Income | $15.1M | $9.4M | $7.4M | -$9.0M | -$7.3M | $8.3M |
| Diluted EPS | $0.81 | $0.51 | $0.21 | -$0.20 | -$0.16 | $0.18 |
Distribution Solutions Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $518.0M | $481.6M | $496.0M | $557.7M |
| Net Income | $6.5M | -$6.4M | $382,000 | $8.5M |
| Diluted EPS | $0.14 | -$0.14 | $0.01 | $0.18 |
Distribution Solutions Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.4M | $4.2M | $24.6M | $83.9M | $66.5M | $61.8M |
| Current Assets | $143.1M | $132.8M | $478.2M | $657.3M | $712.2M | $746.9M |
| Total Assets | $256.3M | $256.2M | $1.22B | $1.55B | $1.73B | $1.75B |
| Current Liabilities | $98.0M | $72.2M | $169.5M | $242.0M | $266.3M | $291.5M |
| Total Long-Term Debt | — | $11.9M | $412.2M | $568.4M | $734.4M | $699.7M |
| Total Liabilities | $133.9M | $123.2M | $652.6M | $888.7M | $1.09B | $1.10B |
| Shareholders' Equity | $122.4M | $133.0M | $563.0M | $661.6M | $640.5M | $649.3M |
Distribution Solutions Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $32.5M | $5.4M | -$11.0M | $102.3M | $56.5M | $83.8M |
| Cash From Investing | -$4.0M | -$41.2M | -$126.7M | -$278.5M | -$229.7M | -$29.5M |
| Cash From Financing | -$5.8M | $10.7M | $148.5M | $250.4M | $159.3M | -$64.3M |
| Free Cash Flow | $30.8M | -$2.7M | -$19.3M | $86.9M | $42.8M | $62.8M |
Figures from Distribution Solutions' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Distribution Solutions financials page for every line item.
Distribution Solutions Company Profile
| Ticker | DSGR |
|---|---|
| Exchange | Nasdaq |
| Industry | Machinery, Equipment & Supplies (Wholesale) |
| Headquarters | Fort Worth, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000703604 |
Frequently Asked Questions
What was Distribution Solutions' revenue in fiscal 2025?
Distribution Solutions (DSGR) reported revenue of $1.98B for fiscal 2025.
What is Distribution Solutions' annual revenue history?
Distribution Solutions' annual revenue by fiscal year: 2020: $351.6M; 2021: $417.7M; 2022: $1.15B; 2023: $1.57B; 2024: $1.80B; 2025: $1.98B.
What was Distribution Solutions' net income in fiscal 2025?
Distribution Solutions reported net income of $8.3M for fiscal 2025.
What was Distribution Solutions' earnings per share (EPS) in fiscal 2025?
Distribution Solutions' diluted EPS was $0.18 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Distribution Solutions generate in fiscal 2025?
Distribution Solutions generated $62.8M of free cash flow in fiscal 2025.
What was Distribution Solutions' revenue last quarter?
In its most recent reported quarter (2026 Q2), Distribution Solutions reported revenue of $557.7M.
How much debt does Distribution Solutions have?
Distribution Solutions reported $699.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Distribution Solutions are outstanding?
Distribution Solutions reported a weighted average of 46.2 million basic shares outstanding in 2026 Q2.
What is Distribution Solutions' market cap?
Based on its latest closing price, Distribution Solutions (DSGR) has a market capitalization of about $1.63B.
When does Distribution Solutions' fiscal year end?
Distribution Solutions' fiscal year end, as registered with the SEC, is December 31.
Where is Distribution Solutions headquartered?
Distribution Solutions lists its business address in Fort Worth, Texas in its SEC filings.
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